all-cash deal for a total consideration
of $120 million, including
retention bonus and a
deferred component.
Kallidus provides solutions
such as mobile websites, apps
and other digital shopping
experiences.
Infosys today completed
the acquisition of Kalli

we want to grow our
newly introduced carbonated
fruit drink products in all
these markets, said Dhirendra
Singh, Chairman and Managing
Director, Manpasand
Beverages Ltd.
The first generation entrepreneur
said that due to demand
for rural India, his
compan

The committee supported
the stronger stance being taken
against inappropriate player
behaviour, and was
concerned at the increasing
number of send-offs.
There was also strong support
for the current practice
of suspending captains for
over rate breaches.

in his annual address to Parliament,
referring to the
insurgents.
Russian soldiers
Mr. Poroshenko alleged that
more than 9,000 Russian soldiers
were now in east Ukraine,
to support the rebellion.
The EU expressed alarm
over the escalation, calling it
the

to Rs.50 crore.
The company also plans to
repay loans to the tune of
Rs.150 crore, set up a corporate
office and generate some
funds for general corporate
purposes.
Currently, the company
supplies its products to 20
States across India and sell
over 1.5 c

opened higher at 26940.64
and touched a high of
26948.84 on buying in badly
beaten down blue-chip stocks
of the past two sessions, but
on profit-booking it surrendered
most of early gains to
touch a low of 26551.97.
A round of late buying in
select blue-c

pigs from the U.S. was inconsistent
with the international
norms.
India will have 12-18
months to implement this
ruling, after which the U.S.
can begin exports of these
products to India. The Appellate
Body agreed with the
panels finding that Indias AI
(a

our commitment to bring in the right product offering at
the right
time for our Indian customers, Audi India Joe King
added. Audi plans
to launch a total of 10 products in India this year. PTI
SUPER SPORTS CAR
Audi launches Rs.1.35-crore RS6 Avant
New Del

in the next 12-15
months.
Already ABNL is present in
different segments of financial
services through Birla
Sun Life Insurance Company,
Birla Sun Life Asset Management
Company, Aditya Birla
Finance, Aditya Birla Brokers,
among others.
MMI is a leading ins

need to act on it, Mr. Miliband
posed some tough questions
on the one-nation rhetoric vs.
the reality of poverty.
If the approach in the
Queens speech is indeed
meant to return to the earlier
inclination of the Prime Ministers
approach, and I welcome
that

will be completed by August
31, he added.
The Supreme Court in September
last year had cancelled
allocation of 204 coal
mines to companies without
auction terming the same as
arbitrary and illegal.
Centre to auction ten
more coal mines
Yuthika Bhargava
Th

an easy job though. A pilot
programme has been
launched at a coal mine,
where GIS mapping of the entire
mine area has been introduced
besides putting
GPRS system on entire process
and CCTV cameras and
computerised automated way
bridges. PTI
Govt asks Reli

CO2 emission by over
11.6 per cent in five
years
NEW DELHI: Ministry of Coal,
on Thursday, said it would
auction 10 coal mines with total
reserves of 858.19 million
tonne in the third tranche.
The 10 mines, which are located
in Maharashtra, Jharkhand,
Chh

coal requirement of 16 MTPA
for the Sasan UMPP, it being
a specified end-use plant, the
Coal Ministry said in a letter.
Till the revised mining
plan is approved by the Ministry
of Coal, Sasan Power is
also directed to restrict the
coal production. from Mo

NDND
16 THE HINDU FRIDAY, JUNE 5, 2015
NOIDA/DELHI BUSINESS
SNIPPETS
CHENNAI: Britannia Industries has launched a
premium chocolate
Pure Magi Choco Lush with the aim of redefining the
centre-fills
cream segment. It is a truly differentiated product with
o

Ganguly-Chappell saga has not
been forgotten.
Like any reputed institution
would be, the BCCI is weary of
its authority being challenged.
Hence, Rajsingh Dungarpur
asked Colin Cowdrey this question
regarding John Wright,
who was then the coach of
Kent. Du

YK
NDND
BUSINESS
THE HINDU FRIDAY, JUNE 5, 2015 15
NOIDA/DELHI
SNIPPETS
HYDERABAD: Andhra Bank on
Thursday announced a reduction
in the base rate by 25 basis
points with effect from June 11.
Consequently, the base rate will
be 10 per cent against the
exis

Chandran
FUND MOBILISATION
Zopper raises $20 million
BENGALURU: Medwell Ventures
Pvt. Ltd., the operator of
Nightingales speciality home
healthcare services, on
Thursday, said it had raised
around $10 million from Fidelity
Growth Partners India (FGPI) and

notched its first-ever win at a
FIFA tournament. Five-time
champion Brazil struggled to
overcome a 10-man Hungary 2-1
while Germany dispatched Uzbekistan
3-0, with both teams
making the round of 16.
Nigeria boosted its qualification
chances with a 4-0 win

the coach, writes
Makarand Waingankar
OAKLAND: Sore, tired and hurting
players have enjoyed the
longest-ever break before the
NBA Finals, but its time to
play through the pain again because
theres a championship
at stake.
Cleveland Cavaliers is trying
to

BENGALURU: Krishnapatnam
Port Container Terminal (KPCT)
on Thursday said it had
partnered Container Corporation
of India Ltd. (CONCOR), a
government of India
undertaking, to launch a joint
weekly train between Bengaluru
and the port in Andhra Pradesh.
Acc

structure.
If you have played cricket
then you have grown up watching
these legends. Its a wonderful
thing to have happened and
they will help us in many ways,
Kohli said.
Speaking about the BCCIs decision
to retain Ravi Shastri as
Team Director for the u

Germany, Brazil
move up
MILAN: Juventus on Thursday
ruled key defender Giorgio
Chiellini out of the Champions
League final against Barcelona
after he suffered a muscle tear
in training. Chiellini had to
leave training on Wednesday
and scans on Thursday co

finish his international career
at the end of the five-Test Ashes
series in August.
Im very happy, Ive been
pretty fortunate to have this
second go at it and have loved
every moment of it, Rogers
told Fox Sports.
After making his Test debut
in 2008, Roger

complex on Thursday and
is set to travel to Berlin on Friday.
AFP
Giorgio Chiellini ruled out of final
FOOTBALL / Expected to be replaced by Barzagli or
Ogbonna
SHOCK! Juventus will miss the services of key
defender Giorgio Chiellini, who suffered a musc

emissions and
development of alternate fuel
products during this period,
the company said in a statement.
Maruti Suzuki India Managing
Director and CEO,
Kenichi Ayukawa said: Going
forward, we will continue
our focus on investing in new
technologies and s